Al-Qassabi to lead Saudi team at COMCEC meet in Istanbul today

Courtesy COMCEC
Updated 23 November 2017
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Al-Qassabi to lead Saudi team at COMCEC meet in Istanbul today

RIYADH: Commerce and Investment Minister Dr. Majid Al-Qassabi, will head the Saudi delegation to the 33rd session of the Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC), which will begin in Istanbul on Thursday.

The preparatory discussions for the forthcoming ministerial meeting concluded in Istanbul on Wednesday.

Presenting the report of the OIC General Secretariat at the preparatory meeting, the assistant secretary-general for economic affairs, Ambassador Hameed Opeloyeru, highlighted activities to achieve targeted OIC intra-trade levels by the year 2025, including the objective of establishing a free trade zone in light of the anticipated implementation of the existing preferential trade system.

The focus of the four-day meeting of COMCEC is to develop trans-border transportation corridor projects in OIC member states, given that the sector is among the main priorities on the economic cooperation agenda since transportation is a major catalyst of economic development and competitiveness.

The agenda of the 33rd session of the COMCEC will discuss the improvement of trans-border transport corridors between member countries; examine global economic developments; promote the volume of intra-OIC trade; strengthen the role of the private sector in economic cooperation; as well as increase the productivity of the agricultural sector in sustaining food security and alleviating poverty.

The Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation was established during the 3rd Islamic Summit Conference in Makkah in 1981.

The president of Turkey was chosen as its president at the 4th Islamic Summit Conference in 1984, with 57 members. The Kingdom holds the position of deputy chairman of the Standing Committee for Economic and Commercial Cooperation among Islamic Countries.


FaceOf: Fahad bin Sulaiman Altekhaifi, president of the General Authority for Statistics 

Updated 22 August 2018
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FaceOf: Fahad bin Sulaiman Altekhaifi, president of the General Authority for Statistics 

Fahad bin Sulaiman Altekhaifi has been the president of the General Authority for Statistics (GASTAT) since his appointment to the post in May 2016.

On Monday GASTAT announced this year’s Hajj statistics, revealing detailed information on the number of pilgrims (which amounted to 2,371,675) performing Hajj this year, their genders, nationalities and whether they arrived through air, land or seaports.

The president conveyed his gratitude to all government and security entities that helped the authority to collect data, and praised the 450 GASTAT researchers who worked to compile the information and deliver it to the public.

He said that the collected data would help facilitate better experiences and easier pilgrimages for future programs, and better services for pilgrims — from social to health, and transportation to security and food.

Altekhaifi received his bachelor’s degree in mathematics from King Saud University in 1992, a master’s degree in statistics from Colorado State University in 1996, and his applied statistics and research methodology Ph.D. from the University of Northern Colorado in 2001.

He worked as a manager of a financial program at the Institute of Public Administration in Riyadh from 1993 to 2005. For two years after that, he was a project director at the EIS department in Zuhair Fayez Partnership Consultants.

In 2007, Altekhaifi was appointed a manager of the research department at the Capital Market Authority, before becoming assistant deputy minister for development in November 2011. 

In June 2015, he was the director general of the Central Department of Statistics and Information. He served as the acting president of GASTAT in February 2016, before being appointed president on May 2016.